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- Published: October 30, 2021 15:05
New Delhi: On October 30, cryptocurrencies are trading in the red. According to CoinMarketCap, the global crypto market capitalisation is $2.65 trillion which marks a 0.95% increase over the last 24 hours. The total cryptocurrency market volume is $125.90 billion over the last day which results in a 28.66% decrease.
Moreover, the total volume in DeFi is currently residing at $13.32 billion with 10.58% of the total crypto market 24-hour volume. The volume of the stable coins is now at $98.09 billion, marking 77.91% of the total crypto market 24-hour volume as shown by the exchange data.
Currently, Bitcoin is trading at Rs 48,58,000 lakh and is down by 0.08% over the last 24-hour. It is undergoing a dominance of 44.23% as per CoinMarketCap.
The world’s second most popular cryptocurrency, Ethereum reached a record-breaking high on Friday, a little over a week after Bitcoin set its own record. The crypto that hosts on Ethereum blockchain rose as much as 2.6% to 4,400 in Asian hours, surpassing the previous top of $4,380 set in May 12.
Cryptocurrency values have risen sharply in recent weeks and Ether has been experiencing a surge of over 60% since late September.
Besides, the North Korean show ‘Squid Game’ now has its own brand of cryptocurrency that has gained 2,400% in 24 hours, as it traded at $2.22, reported by CNBC. The market cap of the novelty token ‘Squid’ was more than $174 million.
Reportedly, the crypto began its pre-sale on October 20 and according to its whitepaper it got sold out “in 1 second.” The crypto was launched as an “exclusive coin” especially for the Squid Game project, ‘a crypto play-to-earn’ tournament that will launch in November.